The global energy efficient glass market is projected to be worth USD 36.91 Billion by 2027, according to a current analysis by Emergen Research. The energy efficient glass market observes high demand attributed to the increasing demand for reduced energy consumption in buildings. Energy efficient glass is found to decrease the overall energy consumption in buildings by about 8.0% to 10.0% and thereby offer savings on operational costs.
The increase in global solar capacity is a significant factor in driving the market growth. The installation cost of solar panels in the US has plunged by over 70.0% in the last ten years, resulting in the industry's expansion and the installation of numerous systems across the country. The demand for energy efficient glass in the solar cells is owing to the offering of benefits such as reduced glass emissivity due to low e-coating and reduced U-factor.
Market Size – USD 26.25 Billion in 2019, Market Growth - CAGR of 4.3%, Market Trends –Rising demand for smart glass
Scope Of The Report:
The global Energy Efficient Glass market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Energy Efficient Glassmarket report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Global Energy Efficient Glass market competition by TOP MANUFACTURERS, with production, price, and revenue (value) and market share for each manufacturer; the top players including:
- Key participants include Nippon Sheet Glass, Kaphs SA, Sisecam Group, Saint-Gobain, Vitro Architectural Glasses, AGC, Metro Performance Glass, Schott AG, Morley Glass Glazing, and Guardian, among others.
Emergen Research has segmented the global energy efficient glass market on the basis of coating type, glazing type, application, and region:
Coating Type Outlook (Revenue, USD Billion; 2017-2027)
- Soft Coat
- Hard Coat
Glazing Type Outlook (Revenue, USD Billion; 2017-2027)
- Single Glazing
- Double Glazing
- Triple Glazing
Application Outlook (Revenue, USD Billion; 2017-2027)
- Building Construction
- Automotive
- Solar Panels
- Others
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
To learn more details about the Energy Efficient Glass Market report, visit @ https://www.emergenresearch.com/industry-report/energy-efficient-glass-market
- In May 2019, Nippon Sheet Glass made an announcement about the signing of an agreement by its subsidiary with Ubiquitous Energy, a firm involved in transparent solar technology. The partnership intends to develop, produce, and integrate ClearView Power™ technology of Ubiquitous Energy into architectural window glass to generate solar power for buildings.
- The major benefits of hard coated energy efficient glass are durability and can be used in single glazing without losing the coating.
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